Professional Documents
Culture Documents
Chapter 14 PDF
Chapter 14 PDF
Chapter 14 PDF
122%-(&7,21&(57,),&$7()25+,*+(5678',(6 &+$1*(2)
-2%6
1[1]
$OVR VHH *, 0+$ 20 1R (VWWV GDWHG DQG *, 0+$ 201R (VWW$ GDWHG
3HUPLVVLRQZLOOQRWEHDJURXQGIRUH[WHQVLRQRIGHSXWDWLRQSHULRGLQ
FDVHRIDGHSXWDWLRQLVW
)RUZDUGLQJRIDSSOLFDWLRQVIRURWKHUHPSOR\PHQW
*HQHUDO3ULQFLSOHV
*RYHUQPHQW RI ,QGLD LVVXHV JXLGHOLQHV IURP WLPH WR WLPH LQ UHVSHFW RI
VHQGLQJRIWKHDSSOLFDWLRQVIRURWKHUHPSOR\PHQW$FFRUGLQJWRWKHVHJXLGHOLQHV
DILQDOGHFLVLRQZKHWKHUDSDUWLFXODUDSSOLFDWLRQVKRXOGEHIRUZDUGHGRUQRWUHVWV
ZLWK WKH DXWKRULW\ WKURXJK ZKRP WKH DSSOLFDWLRQ KDV WR EH IRUZDUGHG :KLOH
WDNLQJ D GHFLVLRQ LQ WKH PDWWHU WKH DXWKRULW\ FRQFHUQHG KDV WR EDODQFH WKH
LQWHUHVWRIWKH6WDWHDJDLQVWWKHQHFHVVLW\RIDYRLGLQJKDUGVKLSWRWKHLQGLYLGXDO
:KHQWKHFRQGXFWRIDJRYHUQPHQWVHUYDQWLVXQGHULQYHVWLJDWLRQDQGWKH
VDPH KDV QRW UHDFKHG WKH VWDJH RI LVVXH RI SURVHFXWLRQ VDQFWLRQ RU LVVXH RI
FKDUJHVKHHWRUILOLQJRIFKDUJHVKHHWIRUFULPLQDOSURVHFXWLRQLQDFRXUWRIODZKLV
DSSOLFDWLRQ ZLOO EH IRUZDUGHG ZLWK EULHI FRPPHQWV RQ WKH QDWXUH RI DOOHJDWLRQ
$SSOLFDWLRQV IRU DSSRLQWPHQWV E\ GLUHFW UHFUXLWPHQW GHSXWDWLRQ RU DEVRUSWLRQ
ZLOOQRWEHFRQVLGHUHGRUIRUZDUGHGLI
L
WKHHPSOR\HHLVXQGHUVXVSHQVLRQRU
LL
GLVFLSOLQDU\SURFHHGLQJVDUHSHQGLQJDJDLQVWKLPDQGDFKDUJHVKHHW
KDVEHHQLVVXHGRU
LLL VDQFWLRQIRUSURVHFXWLRQZKHUHQHFHVVDU\KDVEHHQDFFRUGHGE\WKH
&RPSHWHQW$XWKRULW\RU
LY
ZKHUH D SURVHFXWLRQ LV QRW QHFHVVDU\ D FKDUJHVKHHW KDV EHHQ ILOHG
LQDFRXUWRIODZDJDLQVWKLPIRUFULPLQDOSURVHFXWLRQ
$SSOLFDWLRQV IRU DSSRLQWPHQW LQ WKH VDPH RU RWKHU &HQWUDO *RYHUQPHQW
'HSDUWPHQWV FDQ EH IRUZDUGHG ,Q WKH HYHQW RI DSSRLQWPHQW RI SHUPDQHQW
JRYHUQPHQWVHUYDQWLQDQRWKHUGHSDUWPHQWDOLHQZLOOEHUHWDLQHGIRUDSHULRGRI
WZR\HDUVLQSDUHQWGHSDUWPHQWZKLFKPD\EHH[WHQGHGE\RQHPRUH\HDULIWKHUH
LV GHOD\ LQ FRQILUPDWLRQ LQ WKH ERUURZLQJ GHSDUWPHQW 7KHUHDIWHU WKH\ VKRXOG
HLWKHUUHYHUWWRSDUHQWGHSDUWPHQWRUUHVLJQ$QXQGHUWDNLQJWRWKLVHIIHFWZLOOEH
WDNHQ IURP WKH DSSOLFDQW ZKLOH IRUZDUGLQJ WKH DSSOLFDWLRQV ,Q WKH FDVH RI
WHPSRUDU\JRYHUQPHQWVHUYDQWVDQXQGHUWDNLQJZLOOEHREWDLQHGZKLOHIRUZDUGLQJ
DSSOLFDWLRQVWRWKHHIIHFWWKDWWKH\ZRXOGUHVLJQLQWKHHYHQWRIWKHLUVHOHFWLRQVLQ
RWKHUGHSDUWPHQWV
$SSOLFDWLRQV RI SHUPDQHQW JRYHUQPHQW VHUYDQWV IRU DSSRLQWPHQW LQ 3XEOLF
6HFWRU 8QGHUWDNLQJV LQFRUSRUDWHG RU QRW ZKROO\ RU VXEVWDQWLDOO\ E\ WKH
&HQWUDO6WDWH*RYHUQPHQWDQGLQDXWRQRPRXVVHPL*RYHUQPHQWRUJDQLVDWLRQV
PD\ EH IRUZDUGHG DQG WKHLU OLHQ UHWDLQHG IRU WZR \HDUV RU WLOO WKHLU SHUPDQHQW
DEVRUSWLRQ $Q XQGHUWDNLQJ ZLOO EH REWDLQHG IRU DFFHSWDQFH RI WKH IROORZLQJ
FRQGLWLRQV
D /HDYH VDODU\SHQVLRQ FRQWULEXWLRQ ZLOO EH SDLG WR JRYHUQPHQW E\ WKH
RUJDQLVDWLRQRUWKHJRYHUQPHQWVHUYDQWKLPVHOI
E 3D\DOORZHGWRKLPLQWKHRUJDQLVDWLRQVKRXOGQHLWKHUEHOHVVWKDQWKH
PLQLPXP RI WKH VFDOH RI SRVW LQ WKH 368 QRU VKDOO LW H[FHHG WKH
PD[LPXPRIWKDWVFDOHDQGZLOOEHUHJXODWHGDVSHUWKHSURYLVLRQVLQ
*,'HSDUWPHQWRI3HUVRQQHO 7UDLQLQJ201R(VWW3D\
,,GDWHG
F %HIRUH SHUPDQHQW DEVRUSWLRQ WKH RUJDQLVDWLRQ FRQFHUQHG VKRXOG EH
JLYHQ SULRU LQWLPDWLRQ WR WKH SDUHQW RIILFH VR WKDW UHVLJQDWLRQ RI WKH
HPSOR\HHFRXOGEHDFFHSWHGEHIRUHDEVRUSWLRQ
,QWKHFDVHRIWHPSRUDU\JRYHUQPHQWHPSOR\HHDQXQGHUWDNLQJWRWKHHIIHFW
WKDWWKH\ZLOOUHVLJQLQWKHHYHQWRIWKHLUVHOHFWLRQE\WKHXQGHUWDNLQJVZLOOEH
REWDLQHGEHIRUHIRUZDUGLQJRIWKHDSSOLFDWLRQ
%DVHGRQWKHJRYHUQPHQWLQVWUXFWLRQVDVPHQWLRQHGDERYHWKH&%,+HDG
2IILFH KDV LVVXHG LQVWUXFWLRQV RQ WKH VXEMHFW IURP WLPH WR WLPH $ JLVW RI WKH
VDPHLVJLYHQEHORZIRUJXLGDQFHDQGVWULFWFRPSOLDQFHE\DOOWKH&%,%UDQFKHV
L
$OO DSSOLFDWLRQV VXEPLWWHG LQ UHVSRQVH WR D FLUFXODUDGYHUWLVHPHQW
IRU WKH SRVWV FDUU\LQJ KLJKHU SD\ VFDOHV VKDOO EH IRUZDUGHG WR WKH
+HDG 2IILFH IRU IXUWKHU DFWLRQ $SSOLFDWLRQV QRW VXEPLWWHG LQ
UHVSRQVHWRDQ\DGYHUWLVHPHQWRUFLUFXODUVKDOOQRWEHIRUZDUGHG
LL
LLL
(YHU\HPSOR\HHPD\EHSHUPLWWHGWRDSSO\IRURXWVLGHSRVWQRWPRUH
WKDQ IRXU WLPHV LQ D \HDU +RZHYHU ZKHUH JRYHUQPHQW VHUYDQWV
DSSO\ IRU WKH SRVW LQ UHVSRQVH WR DGYHUWLVHPHQWV PDGH E\
836&66& LW VKDOO QRW EH FRXQWHG DJDLQVW WKH QXPEHU RI WLPHV
VSHFLILHGKHUH
LY
VDPH SULQFLSOHV ZRXOG DSSO\ WR WKH DSSOLFDWLRQV PHDQW IRU 6WDII
6HOHFWLRQ&RPPLVVLRQ
Y
$QXQGHUWDNLQJVKRXOGEHREWDLQHGIURPWKHJRYHUQPHQWVHUYDQWVWR
WKHHIIHFWWKDWLQFDVHRIKLVVHOHFWLRQKHZLOOWHQGHUKLVUHVLJQDWLRQ
DVUHTXLUHGXQGHUWKH5XOHV
YL
7KH DSSOLFDWLRQV RI RQO\ VXFK HPSOR\HHV VKRXOG EH IRUZDUGHG ZKR
FRXOG EH UHOLHYHG RI GXWLHV LQ WKH &%, LQ FDVH RI WKHLU VHOHFWLRQ WR
WKHQHZSRVW
YLL
,W ZLOO EH RSHQ WR WKH &RQWUROOLQJ 2IILFHU FRQFHUQHG DV ZHOO DV WKH
'LUHFWRU &%, WRZLWKKROG DQ DSSOLFDWLRQ NHHSLQJ WKH SXEOLFLQWHUHVW
LQYLHZDQGDIWHUUHFRUGLQJWKHUHDVRQVWKHUHRI
YLLL ,W ZLOO QRW EH D PDWWHU RI ULJKW IRU DQ\ HPSOR\HH WR KDYH KLV
DSSOLFDWLRQIRUZDUGHG)RUZDUGLQJRIDSSOLFDWLRQZLOOEHFRQVLGHUHG
RQPHULW
L[
7KHDERYHJXLGHOLQHVDUHRQO\LOOXVWUDWLYHDQGQRWH[KDXVWLYH